Okta hack wipes out more than $2 billion in market cap

The Okta Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Sunday, Feb. 28, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Okta has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems on Friday. The high-profile incident is the … Read more

Meta’s open source approach to AI puzzles Wall Street, techies love it

Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images At Meta’s annual Connect conference last month, virtual reality enthusiasts gathered to hear about Mark Zuckerberg’s multibillion-dollar bet on the metaverse, the technology that’s supposed to … Read more